CHICAGO (CBS) — The pension fund for municipal workers in Illinois has launched an investigation into whether McHenry County board members are qualified to receive the pension benefits for which they have enrolled.
The Illinois Municipal Retirement Fund has sent a letter to the board, asking for proof that McHenry County Board members actually work enough hours each year to qualify for a pension. The fund requires employees work at least 1,000 hours a year to receive pensions.READ MORE: Chicago Weather: Best Rain Friday Night
IMRF executive director Louis Kosiba asked the county’s human resources director to provide the documentation by April 4.
State Rep. Jack Franks (D-Marengo) sparked the investigation, after he raised questions about the documentation most board members have provided to obtain a pension.
“Many long-term county board members were using their time on the county board to become IMRF eligible, and then they would take a high-paying county job for a few years, and boost their pensions to $90,000 a year, and then retire,” he said.READ MORE: Getting Hosed: A Look At The Universe Of Chicago Water, And Its Sometimes-Sordid History, This Earth Day